Mortgages  

Brokers question fairness in sudden mortgage rate changes

“While lenders are eager to give advisers as much notice as possible, longer notice periods have often exacerbated the situation, overwhelming providers with swathes of applications.”

Ms Davies added: “Many are adopting different ways of managing demand, whether by increasing rates on some products or making some products available only for a very short period of time.”

chloe.cheung@ft.com

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